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Petrofac lands $700m Adnoc EPC contract for gas plant

by Ahmed Alsir
July 5, 2023
in Companies, Regional News
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Petrofac lands $700m Adnoc EPC contract for gas plant
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ABU DHABI: Petrofac, a leading international service provider to the energy industry, has been signed up by Adnoc Gas Processing, a key subsidiary of Abu Dhabi National Oil Company (Adnoc), to undertake a significant new engineering, procurement and construction (EPC) project at its Habshan Complex, west of Abu Dhabi.

The contract, awarded to Petrofac Emirates, is valued at approximately $700 million and involves provision of EPC services for a new gas compressor plant. 

Comprising three gas compressor trains, associated utilities and power systems, the new plant will support Adnoc to substantially increase gas output from the Habshan Complex.

Petrofac had first established a presence in the UAE in 1991 and has over the years developed a large workforce to support both regional and international projects. 

With a commitment to deliver In-Country Value, Emiratisation is a key business priority and Petrofac is actively promoting current career opportunities, it stated.

Petrofac’s Group CEO Tareq Kawash said: “We are thrilled to have been selected by Adnoc, one of Petrofac’s longest-standing customers, to undertake this significant new EPC project in our home market of the UAE.”

“We very much look forward to working together with Adnoc to safely and sustainably develop this critical energy resource,” he stated.

Elie Lahoud, the Chief Operating Officer, Petrofac Engineering & Construction, said: “We have a long and strong track record supporting Adnoc in the UAE, rooted in our steadfast commitment to maximising local delivery, investing in the local supply chain, and developing local teams.”

“This focus on In-Country Value will once again underpin our approach to delivery for Adnoc on the strategically significant Habshan Complex,” he added.

SOURCE: Petrofac

Date: 1 July 2023

Tags: ADNOCPETROFAC
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